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    129 S Pendleton Ave Pendleton, IN 46064

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    For Lease
    Contact for pricing

    Newly renovated 5,000 SF office space for lease.

    Property size:
    5,000 SF
    Lot size:
    0.89 Acres

    Property Features for 129 S Pendleton Ave

    General Information

    Size
    5,000 SF
    Lot size
    0.89 Acres

    Source: Alo Property Group Agent Ralph Balber

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Pendleton Office Space Available

    A newly renovated building offers 5,000 square feet of office space for lease in historic downtown Pendleton. This build-to-suit opportunity is in shell condition and features recently upgraded HVAC and electrical systems. The building has an updated facade. Ample parking is available at a ratio of 3.5 spaces per 1,000 square feet. The location provides walkable access to banking, dining, and shopping amenities. The property benefits from on-site ownership.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pendleton
    County
    Madison
    State
    Indiana
    Longitude
    -85.74517
    Latitude
    40.001561

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    FAQs

    What type of property is this?
    Office space - Newly renovated 5,000 SF office space for lease.
    Where is this office space located?
    The property is located at 129 S Pendleton Ave Pendleton, IN.
    What are key features of this property?
    This property features: - 5,000 SF build-to-suit opportunity allows customization to tenant specifications.; - Newly renovated building with updated facade, HVAC, and electrical systems.; - Prime downtown Pendleton location with walkable access to banking, dining, and shopping.
    (317) 281-8847
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    129 S Pendleton Ave Pendleton, IN 46064
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    129 S Pendleton Ave Pendleton, IN 46064
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